Posted by ramzi on 08/10/06 16:43

Larry in AZ wrote:
>
> There's gotta be a scam here, but I'm not seeing it right away.
>
> Anyone..?
>

Hello,

ByteCaster is a legitimate website. It is a product of more than 6
months research and we have a solid business plan behind it. We
launched the website less than 24 hours ago, so no, we do not have any
sales yet, and we do not expect much for the first month while we build
a database. However, we are posting requests
(www.bytecaster.com/requests.aspx) and we will definitely be paying for
them, so it is not a scam.

The use of videos for online ads is going to explode, especially with
Google now adding this feature to its advertisers. Most of the video
competitions we posted yesterday and today (and will continue to post
almost daily for the next while) are commissioned by ByteCaster's
parent company (Webnox Corp.) which has significant experience in
online marketing and advertisement. The requests are mostly a
reflection of what the advertisement market needs, and the competitions
are a way to get several videos targetting a particular industry. So,
even though usually one video wins a competition, we will still be able
to sell most good-quality submissions to other advertisers in that
industry.

This is why we need many video makers to join the website and compete,
because the more videos we get, the more money we can make off
commissions when we sell those videos. And we will try to direct the
types of videos that we need through the competitions that we post
although you are welcome to submit any business video that you make.

So, it is not true that we are trying to harvest email addresses of
video makers so we can sell them like one poster suggested. It is the
videos we are interested in, not the contact information. Furthermore,
we consider video makers to be the main resource of this website, so we
are not likely to share them with anybody else.

Sincerely,

Ramzi Baroody

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